NOT LISTED FOR SALE

Estimated Value: $227,731 - $371,000

4 Beds
2 Baths
1,944 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $210,000 $108 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,524/month

18 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 3 Levels

About This Home

As of November 2022

ATTENTION BUYERS!! INVESTMENT OPPORTUNITY DUPLEX FOR SALE NOW! 2 BED/1 BATH in HIXSON.....BE AWARE PICS ARE FROM CONDITION 2 YRS AGO, BEFORE TENANT NEGLEGANCE. GOOD BONES.... NEEDS TLC COSMETICS!! This Duplex has Tenants in place who are current on Rent. Showings will be allowed after acceptable offer has been accepted. This is a bargain for you whether you are experienced or not!! Live in one side & let the other pay the bills equals wise & frugal living/investing! Or keep as a rental as is and enjoy the current cashflow, remodel as the tenants move out, or give notice and start fresh...Whatever is right for you & your investment needs. More Info about the property.... located in Hixson btw Ashland Terrace & Hwy 153. Partial Brick Duplex, both units provide 2 bedrooms/1 bathroom, eat in kitchen, living room w/hall laundry closets. Separate driveways, separate porches that add privacy, & convenience! This duplex was renovated to include a new roof when acquired by the current owner, supplied new paint, flooring, appliances and Move In Ready!! The Right unit had new paint & luxury vinyl just 2 yrs ago. Both tenants are in place. PLEASE DO NOT DISTURB TENANTS!!

Last Agent to Sell the Property

Crystal Cadieux

Greater Chattanooga Realty, Keller Williams Realty Brokerage Phone: 4238343285 License #335064 Listed on: 10/06/2022

Greater Chattanooga Realty, Keller Williams Realty

Last Buyer's Agent

Crystal Cadieux

Greater Chattanooga Realty, Keller Williams Realty Brokerage Phone: 4238343285 License #335064 Listed on: 10/06/2022

Greater Chattanooga Realty, Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1972

Lot Details

  • 0.25

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,944 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Dupont Elementary School
  • Red Bank Middle School
  • Red Bank High School

Additional Features

  • Lot Dimensions are 88.5x125.3
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 109K E 026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,111

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Building Area Units: Square Feet
  • Living Area: 1944
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 88.5X125.3
  • Lot Size Units: Acres
  • Parcel #: 109K E 026
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 15600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2111

MLS Schools

  • Elementary School: DuPont Elementary School
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 7, 2022
Sold by
1322 Ely Road Trust
Bought by
3 Dog Properties Llc
Seller's Agent
Crystal Cadieux
Greater Chattanooga Realty, Keller Williams Realty
Buyer's Agent
Crystal Cadieux
Greater Chattanooga Realty, Keller Williams Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Views
2
Current Estimated Value
$272,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,933
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Smith Moore J and Smith Mary Kay
Bought by
1322 Ely Road Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 1998
Sold by
Wang Kong T and Wang Helen C
Bought by
Smith Moore J and Smith Mary Kay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3 Dog Properties Llc $210,000 Bridge City Abstract
1322 Ely Road Trust $20,000 First Title
Smith Moore J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1322 Ely Road Trust $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $210,000 -6.7% $108 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $225,000 -- $116 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,052 $47,040 $0 $0
2023 $1,052 $47,040 $0 $0
2022 $1,052 $47,040 $0 $0
2021 $1,052 $47,040 $0 $0
2020 $1,013 $36,640 $0 $0
2019 $1,013 $36,640 $0 $0
2018 $961 $36,640 $0 $0
2017 $1,013 $36,640 $0 $0
2016 $1,042 $0 $0 $0
2015 $2,027 $37,680 $0 $0
2014 $2,027 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2716488

Realtracs

APN: 109K-E-026